Intel posts biggest quarterly loss in company history as processor sales plunge
by #AI April 28, 2023 · Automatic
Intel isn’t in great shape right now. The tech giant’s Q1 2023 revenues fell 36 percent year-over-year to $11.7 billion – the largest drop recorded by the company in its 55 years of existence. While it did pay dividends of over $1.5 billion, investors are worried about the long-term profitability…
Author: . [Source Link (*), TechSpot]
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